04/27/2022
This loophole works because the beneficial owner of an account is not always reported under the OECD’s standard (CRS) and is never reported by the US under the inter-governmental agreements (IGAs) related to the Foreign Account Tax Compliance Act (F
04/26/2022
The Commission is therefore looking at ways to make improvements in this area and has launched a consultation on the problems at stake as well as on possible measures and their potential impacts.
04/25/2022
Andorra, Macau (China) and Tunisia ensure that MAP agreements can always be implemented notwithstanding domestic time limits.
04/21/2022
In total, the combined tax lost to offshore wealth across the UK and these three British overseas territories sits at a huge £64.5bn per year, Post told City A.M. today.
04/20/2022
Tax havens are increasing inequality and eroding the wealth of the poorest people in society
04/19/2022
In his second action plan against fiscal and social fraud, Van Peteghem outlined 23 measures.
04/19/2022
Heavyweight economists demand a global register to stop the wealthiest depriving countries of what they owe
04/19/2022
They have further been advanced by NGOs on a mission to eliminate international financial centres.
04/18/2022
Additional recommendations that appear to be aimed at ensuring consistency with the HNWI Unit include provisional taxpayers with business interests now being required to submit their assets (at cost) and liabilities in their tax filings each year.
04/14/2022
These proposals seek to address issues linked to the increasing globalisation and digitalisation of the economy.
04/14/2022
The paper, OECD Pillars 1&2 - Tax Policy Reflections, highlights current policy thinking on the recommendations made by the OECD.
04/14/2022
Founders Diane de Garis and Danielle Bennett said that their businesses shared values and that by joining forces they could take their services to clients to the next level.
04/13/2022
The tax review already assumes that changes to these international corporate tax rules would mean an additional £10m. is raised
04/13/2022
A person is considered to have substantially complied with the visa requirements if they have not engaged in activities that are prohibited by U.S. immigration laws
04/12/2022
HMRC has sent out letters in the last 12 months asking taxpayers to sign a declaration asserting they do not owe any tax from offshore sources.
04/11/2022
Our current international reputation does not help.
04/08/2022
HMRC uses new legal powers to name tax avoidance schemes and their promoters, for the first time.
04/08/2022
In this respect, the Italian tax law has been recently amended to provide for a withholding tax exemption for dividends paid to certain EU and European Economic Area (EEA) investment funds as from 1 January 2021.
04/07/2022
Late payments incur a surcharge of 10%.
04/04/2022
Both the trade deal and changes to domestic Australian tax laws will come into effect once the Australian Parliament ratifies the deal after the general elections due in May are completed in Australia